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Private Public Partnership

Plans drawn up by the Rlys to get all the projects costing Rs.50, 000 crore start rolling

Plans drawn up by the Rlys to get all the projects costing Rs.50, 000 crore start rolling
It is not just the Modi government which has decided to work towards getting all infrastructure projects cleared within the first 100 days of office but also the railway ministry has come up with a 100 day plan to get all the crucial projects which cost Rs. 50,000 crore to begin as soon as possible. [...] Continue Reading »

Chennai airport privatization deferred till formation of new Government at Centre

Chennai airport privatization deferred till formation of new Government at Centre
Chennai Airport sources have revealed that the privatisation of the airport has been postponed till the new government – to be led by Narendra Modi – assumes office at the Centre. It was earlier being expected that the privatisation of the Chennai airport will likely be finalized in April; but the move was deferred by [...] Continue Reading »

Performance audit of PPP projects to be conducted by CAG soon

Performance audit of PPP projects to be conducted by CAG soon
Comptroller and Auditor General Shashi Kant Sharma said that the CAG will continue to audit private companies and Private Public Partnership (PPP) projects in cases where revenue sharing with the government is involved, Regretting that economic progress has thrown up a class of ‘rent seekers. He said while speaking at a conference on corporate fraud, [...] Continue Reading »



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